Microstrategy Announces Plans to Buy More Bitcoin Following $1.01B Private Offering

Microstrategy revealed plans to acquire additional bitcoin after completing a $1.01 billion offering of convertible senior notes. The move comes as part of the company’s ongoing strategy to use proceeds from debt and equity financing to accumulate bitcoin as a treasury reserve asset. Microstrategy completes $1.01 billion private sale of Microstrategy (Nasdaq: MSTR), a public transaction (…)